MYG 3.95% 73.0¢ mayfield group holdings limited

three banks jockeying to finance deflector., page-26

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    I can't think of anyone who has done 100% debt needing this much cash off a relatively small capital base. The banks never take 100% of the risk in the build/commissioning cost or even the commodity price, hence the hedging.

    No disrespect to MYG in any way, thats generally the form guide particularly in a lender's market. Anyway, enough from me lets see how it plays out.
 
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